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Rama Phosphates Limited engages in the manufacture and sale of fertilizers, chemicals, soya, and micronutrients in India. It operates through SSP Fertilizer, Chemicals, Power, Soya, and Micro Nutrients divisions. The company offers powder and granular single super phosphate fertilizers; various grades of nitrogen phosphorus potash mixed fertilizers; fortified fertilizers, such as boronated and zincated single super phosphate fertilizers; micronutrients, including magnesium sulphate, Sulphur dust, zinc sulphate, monohydrate, and zinc sulphate hepta-hydrate; and water soluble fertilizers. It also provides chemicals comprising sulphuric acid, oleum, and chlorosulphonic acid; and soya, lecithin, and de oiled cakes, as well as phospho gypsum and linear alkyl benzene sulphonic acid. Rama Phosphates Limited offers its products under the Girnar, Suryaphool, and Sampurn brand names. The company was incorporated in 1984 and is headquartered in Mumbai, India. As of 31 March 2022, Rama Phosphates Limited operates as a subsidiary of Silver Eagle Inc.

Rama Phosphates Dividend Announcement

Rama Phosphates announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2023-09-17. Ex dividend date: 2023-08-10
Rama Phosphates annual dividend for 2023 was ₹1.00
Rama Phosphates's trailing twelve-month (TTM) dividend yield is -%

Rama Phosphates Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-08-10₹1.00annually2023-09-17
2022-08-12₹0.80annually2022-09-13

Rama Phosphates Dividend per year

Rama Phosphates Dividend Yield

Rama Phosphates current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Rama Phosphates stock? Use our calculator to estimate your expected dividend yield:

Rama Phosphates Financial Ratios

P/E ratio-14.12
PEG ratio-0.63
P/B ratio0.99
ROE-7.70%
Payout ratio0.00%
Current ratio1.65
Quick ratio0.82
Cash Ratio0.04

Rama Phosphates Dividend FAQ

Does Rama Phosphates stock pay dividends?
Rama Phosphates does not currently pay dividends to its shareholders.
Has Rama Phosphates ever paid a dividend?
No, Rama Phosphates has no a history of paying dividends to its shareholders. Rama Phosphates is not known for its dividend payments.
Why doesn't Rama Phosphates pay dividends?
There are several potential reasons why Rama Phosphates would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Rama Phosphates ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Rama Phosphates has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Rama Phosphates a dividend aristocrat?
Rama Phosphates is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Rama Phosphates a dividend king?
Rama Phosphates is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Rama Phosphates a dividend stock?
No, Rama Phosphates is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Rama Phosphates stocks?
To buy Rama Phosphates you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Rama Phosphates stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.